Term Insurance for Diabetics: Benefits, Eligibility, Premiums & How to Choose the Right Plan
A diabetes diagnosis often triggers one immediate worry: "Will I even be able to get life insurance now?" It's a fair question, and for years, the honest answer was often "not easily." That's changed.
Today, several insurers actively underwrite term insurance for diabetics, using a more detailed medical review instead of rejecting applications outright. The catch is that not every insurer evaluates diabetic applicants the same way, and picking the wrong one can mean paying more than necessary or facing avoidable rejection.
Excel India Group of Company works with diabetic applicants across India to find insurers who assess their health profile fairly and structure coverage that actually gets approved.
About the Company
Excel India Group of Company is a nationwide insurance advisory firm that compares plans across multiple insurers rather than promoting a single company's products.
Over the years, we've noticed that diabetic applicants often give up on term insurance after one rejection, assuming every insurer will respond the same way. In practice, underwriting criteria vary significantly between companies. Some are far more accommodating toward well-managed diabetes than others.
Our advisors specialize in matching applicants with insurers whose underwriting approach fits their specific health profile, rather than applying blind and hoping for the best.
Our Services
Getting approved for term insurance with diabetes usually takes more careful planning than a standard application. Here's how we help.
Term Insurance for Diabetics
We assess your diabetes type, duration, current management, and related health factors, then match you with insurers known to underwrite diabetic applicants reasonably. This often involves submitting specific medical reports upfront rather than waiting for a rejection and reapplying elsewhere.
Standard Term Insurance Comparison
Even with diabetes, it's worth comparing standard term insurance options across insurers, since premium loading and terms can differ significantly. We help you see the full picture instead of settling for the first offer that comes through.
Return of Premium Plans for Diabetics
Some diabetic applicants prefer a return of premium structure, which refunds premiums paid if they outlive the policy term. We explain how this option works alongside diabetic underwriting, including any additional cost, so you can decide if it fits your goals.
Why Choose Us
We work with insurers across the market, which means we know which companies genuinely accommodate diabetic applicants and which tend to reject or overprice these cases.
Our advisors guide you on which medical documents to prepare in advance, since incomplete reports are one of the most common reasons applications get delayed or declined. We also stay involved after the policy is issued, supporting you through renewals or eventual claims, not just the initial sale.
Benefits
Getting term insurance despite a diabetes diagnosis means your family remains financially protected, regardless of your health condition. Working with an advisor who understands diabetic underwriting increases your chances of approval and can help you avoid unnecessarily high premium loading.
Comparing multiple insurers also means you're not stuck with the first, and sometimes only, offer you receive. In many cases, a second or third insurer offers meaningfully better terms for the same health profile.
Our Process
We start by reviewing your diabetes history, including diagnosis date, current treatment, and recent test results such as HbA1c levels, since these factors heavily influence underwriting decisions.
Based on this information, we shortlist insurers most likely to offer favorable terms for your specific profile. We help you prepare the required medical documentation before submission, reducing the chance of delays. Once approved, we assist with policy issuance and remain available for any future servicing or claims support, no matter where you're located in India.
Industries We Serve
We assist diabetic applicants across professions, including salaried employees, business owners, self-employed professionals, and homemakers seeking coverage for their families. Our advisory services are available to clients across India, from major cities to smaller towns.
Frequently Asked Questions
Can a diabetic person get term insurance in India? Yes. Many insurers offer term insurance to diabetics based on factors like how well the condition is managed, medication history, and related health indicators, rather than declining applications outright.
Do diabetics pay higher premiums for term insurance? Often, yes, though the increase depends on the insurer and how well-controlled the condition is. Some insurers apply minimal loading for well-managed cases with stable health reports.
What documents are needed to apply for term insurance with diabetes? Typically, insurers request recent medical reports, including HbA1c levels, details of current medication, and sometimes additional tests depending on the applicant's overall health profile.
Can Type 1 diabetics get term insurance? It's possible, though underwriting tends to be stricter compared to Type 2 diabetes. Approval and premium depend heavily on how the condition is managed and overall health stability.
Is a return of premium plan available for diabetic applicants? Yes, in many cases, though it usually comes at a higher premium than a standard term plan. We help you compare whether the added cost makes sense for your situation.
Contact Us
A diabetes diagnosis shouldn't mean giving up on financial protection for your family. Contact Excel India Group of Company today for a personalized consultation and find a term insurance plan that fits your health profile, wherever you are in India.
